Research on the Influencing Factors and Evaluation System of Enterprise Strategy Adaptation Ability

Abstract

Based on the research results at home and abroad, this paper studies the influencing factors and evaluation system of Strategy Adaptation Ability. The study considers that enterprises need to grasp the changes of the external environment accurately and make correct adjustments timely with the uncertainty of the external environment. The key is to improve four ability for four aspects: environmental awareness ability, situation judgment ability, strategic decision-making ability and organizational adaptability. This paper provides theoretical support and application tools for enterprises to improve their strategic management level and enhance their sustainable development capabilities. IntroductionWith the development of industrial revolution and technological revolution, the future development situation is changing increasingly. The uncertainty of business environment is becoming stronger. The static strategy can no longer meet the needs of enterprise development. It needs that the strategy can respond to environment changes quickly in order to seize strategic opportunities and achieve rapid development. So it is of great significance to improve strategy adaptation ability.The analysis and enterprise strategy adaptation ability has always been the focus of academic circles. From the perspective of contingency theory, Miles and Snow (1994) considered that successful companies are organizations that match the environment organically. From the perspective of population ecology, Hannan and Freeman (1977) believed that the environment defines the strategies and paths that an organization must follow. From the perspective of strategic choice theory, Schindehutte and Morris (2001) argued that environmental conditions couldn't be considered as a direct source of differences in organizational structure, and managers have the right of judgment and higher decision-making. From the perspective of cognition, Chen and Chen (2007) believed that the strategic adjustment of the senior management team consisted of the ability to target and the ability to coordinate. The former is determined by heterogeneous cognitive ability, and the latter is influenced by the level of recognition of strategic adjustment programs by executive team members. Wei and Chen (2011) found that the external environment, internal resources and capabilities, corporate concept and innovation, corporate strategy, core competitiveness and sustainable competitive advantage are the main factors that affected the enterprise strategy adaptation ability.In general, the current research on enterprise strategy adaptation ability has achieved rich results, but most of them are qualitative studies, and quantitative description and evaluation of strategy adaptation ability are few. In view of this, based on the existing research results, this paper studies the influencing factors and evaluation of strategy adaptation ability, and provides theoretical support and application tools for enterprises, to improve their strategic management level and enhance their sustain...

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